Iman Shumpert’s net worth in 2024 has sparked interest, especially since he has recently been in the spotlight due to his divorce. Given the athlete’s versatile career in basketball and various other ventures, many fans are curious about how much money Shumpert has made and where his income comes from.
Here is a comprehensive look at Iman Shumpert’s current net worth and his various income sources.
What is Iman Shumpert’s net worth in 2024?
Iman Shumpert’s estimated net worth is $16 million in 2024.
Iman Shumpert is a famous American basketball player who began his NBA career with the New York Knicks in 2011. He has also played for the Cleveland Cavaliers, Sacramento Kings, Houston Rockets and Brooklyn Nets, winning an NBA championship with the Cavaliers in 2016. Outside of basketball, he is famous for his marriage to Teyana Taylor and their VH1 reality show “Teyana and Iman”.
Iman Shumpert’s Income Explained – How Does He Make Money?
Iman Shumpert’s net worth comes from several sources. His primary income comes from NBA contracts with teams like the New York Knicks and Cleveland Cavaliers. He has also profited from real estate investments, including buying and selling homes. In addition, Shumpert earns from endorsement deals and his reality TV shows Teyana and Iman, as well as ventures in the entertainment industry.
NBA Salary
Iman Shumpert’s primary source of income from 2011 to 2021 was his NBA salary, which earned him a total of $48 million over the course of his career. He started with the New York Knicks and later played for the Cleveland Cavaliers, Sacramento Kings, Houston Rockets, and Brooklyn Nets. Shumpert’s most notable contract was a $40 million contract extension with the Cavaliers, highlighting the significant earnings he made during his time in the NBA.
Property
Iman Shumpert has made smart decisions in real estate to increase his income. For example, he bought a house in Studio City for $3 million in 2018 and sold it for $4 million in 2022, making a profit of $1 million. He also bought an $880,000 house for his parents in River Forest, Oak Park. These smart real estate deals have increased his net worth significantly and show his talent for profitable investments.
